5/103-105 The Terrace, Ocean Grove, Vic 3226

$650,000-$695,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings
136 m²
Area

Last updated on Friday, May 15, 2026 ( See property details for 5/103-105 The Terrace, Ocean Grove, Vic 3226)

$650,000-$695,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious, well-located two-bedroom unit in Ocean Grove offering comfortable living, secure parking, and a private courtyard, perfect for first-home buyers or investors.

🏡 Property Highlights

  • Prime coastal location within walking distance to Ocean Grove Beach and shopping strip
  • Large, surprisingly spacious bedrooms for a modern unit
  • Private west-facing courtyard ideal for outdoor relaxation
  • Secure parking with electric roller door and additional storage space
  • Ready-to-move-in condition with potential for personal upgrades
  • Split system heating and cooling for year-round comfort

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Garage / Secure Parking
  • Pet-Friendly
  • Low-Maintenance Yard
  • Waterfront / Views

Ocean Grove is a vibrant coastal town renowned for its pristine beaches, relaxed lifestyle, and friendly community. The suburb offers excellent local amenities, scenic parks, and easy access to outdoor activities. Its proximity to the beach makes it ideal for holidaymakers and residents alike. The area boasts a range of cafes, shops, and recreational facilities, making it a highly desirable place to live. With a strong rental market and ongoing growth, Ocean Grove presents a fantastic opportunity for investors and homeowners seeking a seaside lifestyle.

What is the condition of the property and what potential does it have for upgrades?
The property is in a neat, functional condition with a straightforward layout, offering a blank canvas for personal upgrades and improvements to enhance its value and comfort.
Is the property suitable for holiday rentals or investment purposes?
Yes, its prime location, spacious layout, and low-maintenance outdoor area make it an excellent choice for holiday rentals or investment opportunities.
What are the heating and cooling options available?
The main living area is equipped with a split system for heating and cooling, ensuring comfort throughout the year.
Does the property include outdoor living spaces?
Yes, it features a private west-facing courtyard that is perfect for outdoor relaxation and low-maintenance outdoor living.
Are there secure parking options available?
Yes, the property includes a secure carport with an electric roller door and additional space for storage or a small workshop.
Are there any additional costs such as strata fees or body corporate charges? Has the property been inspected for any structural issues or pests? Are there any restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any upcoming developments or planning activities in the vicinity that could impact the property? What are the zoning regulations and potential for future extensions or modifications? Are there any known issues with the property’s plumbing, electrical systems, or appliances? Is the property compliant with all local building codes and regulations? What is the history of the property regarding previous repairs or renovations? Are there any noise or nuisance issues from neighboring properties?

5/103-105 The Terrace, Ocean Grove, Vic 3226 - More Details

$650,000-$695,000

Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
Area
136 m²

Price guide

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